To amend the Consumer Financial Protection Act of 2010 to bring the Bureau of Consumer Financial Protection into the regular appropriations process, and for other purposes.

United States115th CongressHR-2553House of Representatives
Updated: May 19, 2017

Summary

Taking Account of Bureaucrats' Spending Act of 2017 or the TABS Act of 201 7 This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Referred to the House Committee on Financial Services.

    House of Representatives

  2. Introduced in House

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